Editor’s Note: Our friend and colleague, Keith Fitz-Gerald, is on an investment research excursion to Southeast Asia. Here’s the first installment of his investment travelogue. Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report SINGAPORE – Any doubts I had about how the recent U.S. economic malaise was affecting the Asian region were promptly dispelled […]
Archives for March 2008
March 2008 - Page 9 of 16 - Money Morning - Only the News You Can Profit From
Bear Stearns’ Friday Stumble, Sunday Sale Reignites Concerns About More Failures in U.S. Financial Sector
By Jennifer Yousfi Managing Editor Just days after Standard and Poor’s said the U.S. financial sector was through the worst of the subprime crisis, Friday’s near collapse of The Bear Stearns Cos. Inc. (BSC) has re-ignited credit fears and could cause investors to question the future of the four other major U.S. investment banks. “Even […]
Investors Beware: Don't Fall For Wall Street's Latest Bait-and-Switch Pitch
Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report Here's a warning to investors. There's a new term you're going to hear a lot about in the coming weeks: "Frontier Markets." Regard the term – and the investment strategy behind it – with substantial caution. Here's why. When it comes to Wall Street, the worse the markets […]
There are 1,173 ETFs Available; But These Nine are the Best
By Mike Caggeso Associate Editor It's no coincidence that the rising popularity of exchange-traded fund (ETF) investing coincided with the rise of investor-empowering online-trading platforms such as E*Trade. It was the mid-to-late 1990s, and the Internet's new inroads to Wall Street were stirring a new confidence in investors. But these eager new traders didn't have […]
Bullish Comments from S&P Boost Markets
By Jennifer Yousfi Managing Editor A bullish remark from Standard & Poor's yesterday (Thursday) led to a recovery in the markets that resulted in the three major U.S. indices all posting gains for the day. At the New York close, the blue-chip Dow Jones Industrial Average Index posted a gain of 35.50 points (0.29%), to […]
Global Investing Roundups
Time Warner Mingling in Facebook's Business; Chrysler Plans Two-Week Shutdown; EA Takes On Take-Two; AOL Buys Out Bebo; Nestle Raises Annual Outlook; Retail Sales Drop; S&P Says Subprime End in Sight; Yahoo Gamble; Toyota Slowdown Time Warner Inc.'s (TWX) AOL Internet division will buy Bebo Inc. for $850 million, all cash, Reuters reported. Bebo is […]
Dollar in Dumps, Sends Commodities Soaring Higher
By Jason Simpkins Associate Editor The dollar fell to yet another record low yesterday (Thursday), causing the price of oil to spill over $110 and driving the value of gold to the $1,000 an ounce mark for the first time ever. The euro shot past $1.56 for the first time since its 1999 founding. The […]
Chile's $17 Billion Sovereign Wealth Fund Diversifying; Investors Following the Money for Turnaround Profits
By Mike CaggesoAssociate Editor Chile said it has begun diversifying its two sovereign wealth funds valued at more than $17 billion – with 20% to be invested in corporate bonds and 15% in stocks by the end of the year. "We are in transition to a new strategy," Eric Parrado, International Finance Coordinator at Chile's […]
Midday Market Update: Possible Fund Collapse Sends Stocks Lower
By Jennifer Yousfi Managing Editor Concerns that the Carlyle Group would not be able to rescue its mortgage-bond fund, Carlyle Capital Corp Ltd. (CCC), stoked new fears about the credit crisis and sent indices heading lower today (Thursday). At noon ET, the blue-chip Dow Jones Industrial Average Index had posted a loss of 59.83 points […]
Three Ways to Play Money Morning's Prediction That Oil Prices Will Reach $187 a Barrel
By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report A plummeting greenback, inflationary fears fanned by the U.S. central bank and soaring global demand are combining to fuel a record advance in crude oil prices. But the market madness of recent days is just the start. Crude oil prices will hit $187 a barrel within […]